Big hanging baskets spark postal row

Telegraph.co.uk Botched Royal Mail sale cost taxpayers £1bnTelegraph.co.ukIn a highly critical report, MPs on the committee have concluded that ministers were given “poor quality advice” by the bankers over the valuation of Royal Mail, demand for its shares, the price investors would pay, and the risks of strike action at … More: continued here

Guy Hands is close to raising £200m ($391m) of fresh equity to inject into EMI as he prepares to slash more than a third of the staff in its problem-hit recorded music business. More: continued here

Ministers have insisted, most recently before Parliament’s Business Committee in April, that they set the right price for Royal Mail when they sold most of the postal company in October. More: continued here